SUBJECT: Approval of a Supplemental Appropriation from the General Fund in the Amount of $270,000 to Fund 7002-Workers Compensation Due to Increased Worker’s Compensation Settlement Activity in Fiscal Year 2022-2023 REPORT IN BRIEF Considers approving a supplemental appropriation in the General Fund in the amount of $270,000 to Fund 7002-Worker’s Compensation due to higher than projected worker’s compensation settlement activity than what was originally budgeted for in fiscal year 2022-2023. RECOMMENDATION City Council - Adopt a motion: A. Approving a supplemental appropriation from the unreserved, unencumbered fund balance of the General Fund in the amount $270,000, transfer to Fund 7002-Worker’s Compensation and appropriate the same in Fund 7002-Worker’s Compensation; and, B. Authorizing the Finance Officer to make the necessary budget adjustments.

Consent Item Passed Introduced May 18, 2023

Committee: City Council/Public Finance and Economic Development Authority/Parking Authority
Introduced: May 18, 2023
On agenda: June 5, 2023
Passed: June 5, 2023